Circle of Logisticians

The World Shiiping Council has commissioned a study by IHS Global Insight, looking into the economic contribution of the shipping and ship building industries to the world economy.

Among the findings are:

• The value of the liner industry operations and shipbuilding in 2007 is estimated to be $436.3 billion, generating 13.5 million direct and related jobs.
• The liner industry transported about 60% of the total value of global seaborne trade of US$7.7 trillion in 2007.
• The industry has invested in more than 7,000 vessels to provide these services, with approximately another 1,400 on order.
• Over $235 billion have been spent on new vessels by the industry.
• Throughput at the top 20 global ports reached almost 250 million TEU in 2008.
• In 2008, the global container fleet consisted of 17.8 million containers, which cost the industry over $80 billion.
• In 2009, on average, liner ships made 10,000 port calls around the world each week.
• In mid-2007, the liner industry operated more than 400 scheduled services serving inter-continental route.

The full report is available at: http://www.worldshipping.org/pdf/Liner_Industry_Valuation_Study.pdf